Battle Creek / MG. (kc) Kellogg Company announced that one of its majority-owned subsidiaries has acquired substantially all of the assets of Zhenghang Food Company Ltd. («Navigable Foods»), a manufacturer of cookies and crackers in China.

Bucharest / RO. (wib) The Romanian market of milling and baking is estimated at some two billion EUR - with Vel Pitar, Titan, Boromir and Dobrogea as main players. The companies estimate for this year a growth of at least ten percent of their businesses. The cumulated value of these companies going to attain some 437 million EUR, according to local media.

Tokyo / JP. (eb) According to local media Japan will import 5'000 tonnes of emergency butter supplies to ease shortages that have hit supermarkets and bakeries across the country. The Ministry of Agriculture, Forestry and Fisheries is expected to import the butter for commercial use from Europe and Oceania.

Diemen / NL. (csm) This week CSM´s new state-of-the-art Innovation Centre in Bingen has been opened. The Center in Germany is the first of four European Innovation Centres. It will specialize in bakery ingredients, while the other three will focus on bakery fats, frozen bakery products and sweet ingredients.

Geneva / CH. (iso) Organizations of all types are very concerned by threats that could compromise their information security and managing this aspect has become a primary concern for their information technology (IT) departments.

Thomasville / GA. (ffi) Flowers Foods Inc. announced that the company has executed a definitive agreement to acquire ButterKrust Bakery Inc. in Lakeland. The transaction is subject to regulatory approval under the Hart-Scott-Rodino Act and other conditions. Pursuant to the stock purchase agreement, Flowers Foods has agreed to purchase all of the issued and outstanding capital stock of the holding company of ButterKrust for cash.

Stockholm / SE. (aab) Swedish private equity firm Segulah announced that its investment fund Segulah III has agreed to take over the Swedish bakery business Almondy AB from the London-based investor Smedvig Capital Limited and associated persons.